Vancouver Dinner Cruise Business For Sale

Business description

In business for nearly 20 years.
Great Downtown Vancouver location with secured long term marina lease with office and parking.
Two ships with a combined value of close to $2m.
Approx 105 cruises annually surrounded by Vancouver’s spectacular mountains and cityscape catering to weddings, corporate events, private parties and public sailings.
Revenue $815,000 (4 yr avg).
EBITDA $300,00
Revenue and earnings very consistant.
Vendors will provide full transition

Property information

Real Estate:

Lease

Location:

Great Downtown Vancouver location with secured long term marina lease with office and parking.
The business leases 3 Downtown moorage slips one of which is subleased to a third party for a net revenue of approx $50,000.

Premises details:

One ship was built in 1992. A December 2009 marine survey estimated CMV at $1.1 million and replacement cost at $1.8 million. The ship is licensed for 220 passengers.

The second ship was built in 2002. A December 2009 marine survey estimated CMV at $860,000 and replacement cost at $1,100,000. This ship is licensed for 100 passengers.

Business Operation

Expansion potential:

Business can be increased to taking on sales and marketing personnel.

Employees:

4 (2FT/2PT)

Years established:

19

Other information

Support & training:

Full training provided during a transition period.

Relocatable:

This business can be relocated.